Soybean Meal Futures
Updated

CUP & HANDLE VS. BEARISH DIVERGENCE - SOYBEAN MEAL

52
Cup & Handle pattern => BULLISH
Divergence ( RSI ) in the overbought zone => BEARISH

We are at the 50% Fibonacci retracement level.

Who will win?
Trade closed: target reached
It seems that the cup & handle pattern won

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